This is a unique opportunity to purchase a property with approved residential and commercial usage set on an E1 zoned land holding. Offering convenience for both business and residential purposes and with rear lane access, each exists independently.
The retail space fronting Charles Street is occupied by Hogues Hot Bread, an iconic bakery which has serviced the Iluka area for many years. Currently on a 5 x 5 x 5 year lease you have an immediate income straight off the bat.
To the rear of the property are two separate dwellings accessed via Charles Lane. The first, an elevated 3 bedroom, 1 bathroom house with an open plan kitchen dining, spacious living area and extra large downstairs living area with it's own access from the ground level. The second, a self contained one bedroom, 1 bathroom unit with separate entry. The entire premises is solar powered and is separately metered. A beautifully maintained garden and lawn area leads to a large driveway with 3 bay shed so storage and parking will never be a problem.
Live or holiday in one and rent out the others or rent them all, whatever you decide this is a lifestyle and investment opportunity not to be missed, contact the LJ Hooker sales team to arrange an inspection today.